NOT LISTED FOR SALE

5686 Historic Plaza 29 Palms, CA 92277

Estimated Value: $380,172

-- Bed
4 Baths
4,730 Sq Ft
$80/Sq Ft Est. Value

Last Sold January 02, 2014

Last sale price $160,000 $34 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $2,508/month

179 Days on Market

Highlights

  • Corner Lot
  • Evaporated cooling system
  • 3-minute walk to Luckie Park
  • No HOA
  • Central Heating and Cooling System

About This Home

As of January 2014

4 SEPERATE RETAIL UNITS IN THE 29 PALMS HISTORIC PLAZA.

Last Agent to Sell the Property

Larry Briggs

Larry Briggs, Broker License #00836748 Listed on: 04/25/2013

Last Buyer's Agent

Deborah Andersen

Deco Realty License #01417105

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,123

Year Built

  • Built in 1938

Lot Details

  • 9,000 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot
  • Paved or Partially Paved Lot

Home Design

  • Property Attached

Interior Spaces

  • 4 Bathrooms
  • 4,730 Sq Ft Home
  • Decorative Fireplace

Parking

  • 8 Parking Spaces
  • Parking Available
  • Unassigned Parking

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace
  • Overhead Utilities
  • Conventional Septic

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection, water
  • Assessor Parcel Number 0621133050000

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $1,400
  • New Taxes Expense $1,821
  • Gross Income $2,438
  • Net Operating Income $28,025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,123

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Property Type: Residential Income
  • Parcel Number: 0621133050000
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Fireplace Features: Decorative
  • Levels: One
  • Price Per Square Foot: 33.83

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Heating Type: Central, Wall Furnace
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air, Evaporative Cooling, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks, Street Lights, Urban

Lot Info

  • Lot Features: Paved, Corner Lot, Utilities - Overhead, Walkstreet
  • Lot Size Sq Ft: 9000.00
  • Lot Size Acres: 0.2070

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection, Water

Multi Family

  • Gross Income: 2438.00
  • Gross Scheduled Income: 29275.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 9000.0000 Square Feet
  • Net Operating Income: 28025.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 750.00
  • Rent Control: No
  • Vacancy Allowance: 500

Tax Info

  • New Taxes Expense: 1821.00
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2013
Closed on
Nov 7, 2013
Sold by
Zimmers Hugh M
Bought by
Chow Martin H
Seller's Agent
Larry Briggs
Larry Briggs, Broker
Buyer's Agent
Deborah Andersen
Deco Realty
List Price
$219,000
Sold Price
$160,000
Premium/Discount to List
-$59,000
-26.94%
Current Estimated Value
$380,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,172
Avg. Annual Appreciation
7.67%

Purchase Details

Closed on
Nov 27, 2012
Sold by
Lanaghen Martha Zimmers
Bought by
Zimmers Hugh M

Purchase Details

Closed on
Oct 23, 2012
Sold by
Lanaghen Steven Grigware
Bought by
Zimmers Hugh M

Purchase Details

Closed on
Oct 19, 2012
Sold by
Zimmers Brooke Gibson
Bought by
Zimmers Hugh M

Purchase Details

Closed on
Oct 9, 2012
Sold by
Zimmers Hugh M
Bought by
Zimmers Hugh M and Zimmers Brooke Gibson
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chow Martin H $162,000 Lawyers Title
Zimmers Hugh M -- Lawyers Title
Zimmers Hugh M -- None Available
Zimmers Hugh M -- None Available
Zimmers Hugh M -- None Available
Zimmers Hugh M -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2014 01/02/14 Sold $160,000 -26.9% $34 / Sq Ft
10/21/2013 10/21/13 Pending -- -- --
04/25/2013 04/25/13 For Sale $219,000 -- $46 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,123 $337,113 $33,098 $304,015
2024 $5,123 $330,503 $32,449 $298,054
2023 $4,995 $324,023 $31,813 $292,210
2022 $4,834 $317,669 $31,189 $286,480
2021 $4,657 $311,440 $30,577 $280,863
2020 $4,585 $308,246 $30,263 $277,983
2019 $4,498 $302,202 $29,670 $272,532
2018 $4,388 $296,276 $29,088 $267,188
2017 $4,324 $290,467 $28,518 $261,949
2016 $4,234 $284,772 $27,959 $256,813
2015 $4,335 $280,494 $27,539 $252,955
2014 $4,314 $110,893 $20,063 $90,830
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    Larry Briggs

    Larry Briggs, Broker

  • D

    Buyer's Agent in 2014

    Deborah Andersen

    Deco Realty

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DC13075722

California Regional Multiple Listing Service (CRMLS)

APN: 0621-133-05

California San Bernardino County 29 Palms 92277

5686 Historic Plaza, 29 Palms, CA

This home is located at 5686 Historic Plaza, 29 Palms, CA 92277 since 25 April 2013 and is currently estimated at $380,172, approximately $80 per square foot. This property was built in 1938. 5686 Historic Plaza is a home located in San Bernardino County with nearby schools including Oasis Elementary School, Twentynine Palms Junior High School, and Twentynine Palms High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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